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that. you're also taxing the middle class under the ryan plan. that is disdain today. >> all right, dr. ruiz. so do you want a 30-second rebuttal of the campaign? >> of course, i do. this is critically important. was there police brutality or was there not? was it an elder or a child? these things, folks, are in the press. they are in "the boston herald," they are in the harvard newspaper. they are documented. they are written. they're spelled out for people to see. it is critically important that people know that who he's saying he is right now is not who he is. further, what i said in that email message was that the city councilman should have been held accountable for allowing durhamville to be the third-world condition that it was and that it continues to be. have your party release the entire interslew. -- interview. release the interview that exonerates me. >> we're down to the last couple of questions. elizabeth, you have the floor. >> dr. ruiz, in 2010 a bipartisan federal commission unveiled the plan to cut the nation's deficit by $4 trillion through a mix of tax increases and
i know you're under a lot of duress to make up for lost ground. lower tax rates increase growth. >> now you're jack kennedy? >> the interruptions, the facial expressions, and the facts. we're going to have the high lights, the low lights, the arguments and a fact check as well on the candidates' claims. it's friday october 12th. "starting point" comes to you live from danville, kentucky. >>> good morning, welcome everybody. you're watching "starting point." we're coming to you live this morning from center college here in danville, kentucky. things last night right here were pretty heated between the vice presidential candidates, no one had a bad night. nobody was too polite. instead joe biden, paul ryan, simply let it fly and when it was over the american people scored it a draw. cnn/orc poll of debate watchers showed that 48% felt that paul ryan won. 44% said that the vice president joe biden won. of course that would be a statistical tie when you calculate in the margin of error. we begin with cnn's dana bash with some of the highlights of the night. good morning. >> good mor
at the busy week that was. >> there aren't enough rich people and small businesses to tax to pay for all their spending. >> with all due respect, that is a bunch of malarkey. >> what words came out are not what i meant. >> wow, here's old moderate mitt. >> with more assets, more resources, we could have and should have saved the life of ambassador stevens. >> is it true that you voted to cut the funding for embassy security? >> absolutely. >> politics ruled this week that was, but the vp showdown, that took the cake. of course, sprinkled with a few zingers. >> i think the vice president very well knows that sometimes the words don't come out of your mouth the right way. >> zing. >> lower tax rates increase growth. >> oh, now you're jack kennedy. >> zing. >> this is a bunch of stuff. look, here's the deal -- >> what does that mean, a bunch of stuff? >> it means -- >> zing. >> as for that first debate. >> i think it is fair to say, i was too polite. >> not an issue with these guys. >> turped into this sparring and it was very, very personal. >> personal and partisan. >> you have to be kidd
potentially from higher taxes and indeed reduced government spending. >> rick santelli, you heard that whole list of reasons. is that why we saw this ten-year auction today? people gobbling up ten-year government debt at these extremely low yields because they think they're not going to get much better elsewhere? sounds like people don't think there's a lot of growth coming. >> i think there's a little bit of truth in all of it. i'll bring up another point. i think october, a lot of mutual funds ahave the end of their fiscal year. it's been a good run for stocks. the spread between what the stock market is telling us and the economy is pretty wide. the election, depending how it turns out, could have a lot of implications. to me, it makes perfect sense the closer we get to the end of the year, the closer we get to november, people are going to be lightening up. it all makes sense. >> yeah, and mandy, you were highlighting earlier oil is lower, gold is lower. a lot of the base materials have been suffering as well today. >> yeah, that's absolutely true. you know, i think what's also interesti
two men who both came ready to tangle. >> i don't know what world these guys are in. >> on taxes. >> you can cut tax rates by 20% and still preserve these important preferences for middle class taxpayers. >> not mathematically possible. >> it is mathematically possible. >> reporter: on medicare -- >> if they allowed medicare to bargain for the cost of drugs like medicaid can, that would save $156 billion right off the bat. >> and it would deny seniors choices. >> reporter: on the president's foreign policy. >> when we look weak our adversaries are much more willing to test us, they're more brazen and our -- >> with all due respect that's a bunch of malarkey. >> reporter: he's preparing to make up for frz's mistakes last week, almost immediately launching the attack lines obama never used in his debate. >> it shouldn't be surprising for a guy who says 47% of the american people are unwilling to take responsibility for their own lives. >> my neighbors, they pay more effective tax than governor romney pays in his income tax. >> reporter: before the debate, cnn was told paul ryan's t
of the campaign is the lie that mitt romney will raise taxes on the middle class. mitt romney has no chance of raising taxes on the middle class. his republican base would kill him. the concept of raising taxes on the middle class will never happen. >> if not, something has to give. then he can't deliver tax cuts. >> you can come up with a tax reform plan. increased revenue that takes down the rates, makes it fairer everybody. it's difficult, but you can do it. >> you can't take the rates down 20% though on top of the bush tax cuts. >> romney said, i have reform principles. they are going to help grow the economy and create jobs but the idea he can raise taxes is fanciful. he'll never do it. >> if you are going to cut taxes for the wealthy as much as mitt romney wants to there is no way or he would have put forth the pro growth plan. he's ring on magic like harry potter will be his treasury secretary. >> he's not going to be able to cut taxes for rich people. he doesn't want to. the idea of pro growth taxes -- >> didn't he say 20% across the board? >> he did, but he also said if you take up
-end, point, where a number of provisions need to be dealt with. it is a massive combination of taxes and spending. we have the george w. bush era tax cuts that were extended two years ago and now expire at the end of the year. these are tax cuts that lower tax rates,hat impact americans all across the income scale. you have tax breaks on higher income, lower income that would shift if congress fails to act. there are middle-class tax breaks that are part of that. congress does not do anything, almost everyone's taxes would go off. there is a sizeable package of spending cuts to the federal government, 100 billion for the next fiscal year that would hit several departments evenly across the pentagon and domestic agencies. these spending cuts were the product of white listeners would remember as the debt ceiling negotiations -- of what listeners would remember as the debt ceiling debate where leaders could not get the debt load under control and they essentially said all right, since we fail to come up with a plan to a month next year we will automatically trigger these -- to come up w
on that but the fiscal cliff being the package of spending cuts and tax increases that are scheduled to go into effect the end of the year. and there is a lot of worry among economists and business people that could throw the economy and spending cuts in defense, you've got a lot of defense contractors word rid about what is going to happen after the turn of the new year. it's anybody's guess in terms of whether congress can come together after the election but before every new person takes office. there is hope that in the november through january period that congress and the white house can come to an agreement and either postpone those spending cuts or tax increases or come to some new agreement on the budget that could replace the fiscal cliff. i think there will be a postponement of it and perhaps waiting for the new presidential and congressional elections, wait until they come in and sort it out. but depending on how the election goes, the lame duck session which will be in office after the election might be a reason to make a deal before the new people come in. so we'll see. host: the next cal
to tangle. >> i don't know what world these guys are in. >> reporter: on taxes. >> you can cut tax rates by 20% and preserve important preferences for middle class taxpayers. >> not mathematically possible. >> it is mathematically possible. >> on medicare. >> if they just alou medicare to bargain for the cost of drugs like medicaid can't, that would save $156 billion right off the bat. >> and it would deny seniors choices. >> on the president's foreign poll. >> i when we look weak, our adversaries are much more willing to test us. they are more brazen in their attacks and our allies are much less to trust us. >> that's a bunch of malarkey. >> reporter: the vice president seemed determine to make up for the president's mistakes last week, almost immediately launching the attack lines the president didn't launch in his debate. >> shouldn't be surprising for a guy who says 47% of the american people are unwilling to take responsibility for their own lives. my neighbor pays more effective tax than governor romney pays in his federal income tax. >> before the debate cnn was told paul ryan's t
business going. helping small business. >> encouraging small business growth lowered taxes for small bidses. through small businesses. 97% of small businesses. >> it's small businesses. a guy who has a small business. successful small businesses. >> those small businesses. >> all the praise for small businesses and their owners obscures the questions we should ask. what counts as a small business and what is their role in the u.s. economy? many of these small businesses talked about are anything but small. in order to avoid paying income taxes, they use sole propriet proprietorships and s-corporations. the owners file the profits on individual tax returns making the term small business about the number of owners rather than anything else. as a result, these small business owners include partners of hedge funds. also, donald trump. >> under governor romney's definition there are a bunch of millionaires and billionaires who are small businesses. donald trump is a small business. i know he doesn't like to think he's small anything, but it's how you define small businesses to get business incom
measures designed to raise taxes to help state schools at the center of a statewide debate. voters decide the outcome of the propositions. the head of the california schools weigheden to nbc bay area. and in the newsroom with more on what he hopes voters will do come november. hello. >> state superintendent tom tolikson wants voters to say yes on both measures. we were able to catch up, in the bay area for grand opening of the delta center. with the election so close, edge kaegs a -- education and the props are on his mind. he knows it can get confusing. measures do similar things. that's the point to provide a major rescue plans for schools. wou without the passage of eithers. schools will face devastating cuts and possibly have to shorten the school year by four weeks. >> it can be confusing. i urge voters to look carefully at votes. i am, the head of education for california, superintendent of schools, and i have looked at them both and i believe their vote will be valuable in restoring billions our schools need. by the way if they both pass -- you are not double taxed. the one with th
then. jamie: well the vice-presidential candidates are hitting each other very hard on taxes. vice president biden claiming the republicans are insisting on new tax cuts for the wealthy. congressman ryan responding with a warning for the middle class. >> if you taxed every person and successful small business making over $200,000 over 100% it would only run the government for 98 days. if everybody who paid income taxes last year including successful small businesses doubled their income taxes last year we would still have a $300 billion deficit. you see there aren't enough rich people and small businesses to tax to pay for all their spending. and so the next time you hear them say, don't worry about it, we'll get a few wealthy people to pay their fair share, watch out middle class, the tax bill is coming to you. jamie: stuart varney, anchor of "varney & company" on the fox business network here to tell us what he thinks about that. hi, stu, good morning. >> well look, the central quote on the economic side of the debate which policy will grow the economy and cut the deficit. paul r
fighting in afghanistan right now, who are quote, not paying any taxes. >> bill: and this just shows you, again, joe biden putting the republicans in their place and painting them as the greedy bastards that they are. >> i have had it up to hear that this notion that 47% -- it's about time that they take some responsibility here, and instead of signing pledges to grover norquist, they should be signing a pledge saying to the middle class, we're going to level the playing field. we're going to give you a fair shot again. we're not going to repeat the same mistakes we made this the past. making sure we continue to hemorrhage these tax cuts for the super wealthy. tax cuts that will give $500 billion in tax cuts to 120,000 families. and they are saying we won't continue the middle class tax cut unless you keep the tax cuts to the well think. >> bill: he nailed it. nailed it. it is romney and ryan who are on the side of the wealthiest people in america. and biden didn't hesitate again to call ryan out. he tried so many lies -- remember he said last night, his plan on medi
of laughs. >> i know you are under a lot of brass -- duress. >> he also challenged mitt romney the's tax plan. >> it should not be surprising geared for a guy who says 47% of people are unwilling to take responsibility. they pay more tax than gov. romney pays. >> the moderator's as the setting was more intimate. >> the jabs at one another, it felt was more personal. >> both sides are claiming victory as the waste no time heading back out on the campaign trail to rally more support. >> it is basically a tie. joe biden brought energy. and paul ryan brought the seriousness the republicans needed. >> today on the campaign trail is back to business for both of them. joe biden will have to hire with mitt romney. first, fighting for virginia. a live picture ready to get under way in richmond. scott thuman is there with a report starting at 5:00 p.m. the meantime, coming up on news at noon, if either going to extremes to protect his children. what police are saying about this threat to shoot anyone who hits his child. and the secretary of defense setting up a warning about what he calls a cyber
the attacks. a week ago paul rhine was asked to explain the math of a tax cut and he said i don't have time. governor mitt romney had a massive performance and the underpenings of that was dishonest f. you are willing to say anything to get elect make up your positions, american people have to understand how they can elect you. >> steve: is calling mitt romney and ryan a good strategy. here to weigh in is washington insider amelia and democrat pollster marjorie. good morning to both of you. >> margey. it does sound like according to the new york times, 10 minutes before the end of the debate they were on a conference call talking about he stunk up the place. we'll have to go full steam ahead on a new attack and that is going to be romney is a liar. >> any time you hear mitt romney express different position than the day before it is for voters to know. we would be talking about mitt romney's loose interpretation of the facts regardless of what the people thought of the pet's performance. his own campaign walked back what romney said about covering people with preexisting conditions in the h
plan he would just pretend it did not exist. what $5 dream tax cut? i don't know anything about a $5 during tax cut. pay no attention to that tax cut under the carpet behind the curtain. when he is asked how he will cut the deficit, he says he can make the math work by eliminating local public funding for pbs. now, by the way, this is not new. this is what he has been saying every time he's asked a question. "well, we can cut out pbs." for all your moms and kids, don't worry, summit is finally getting tough on big bird. >> mitt romney criticize president obama for focusing on what he called "saving the big bird swo." >> these are tough times with tough issues for you have to scratch your head when you to the president's been in the last week talking about big bird. [applause] i actually think we need a president who talks about saving the american people and setting good jobs and saving our future. >> ohio is asking the supreme court to overturn a federal pills ruling that struck down the state's effort to prevent early voting the weekend before the election. although as republican c
resorts. he said if obama wins, they could all lose their jobs, quote, if any new taxes are levied on me or my company, as our current president plans, i will have no choice but to downside. you can find me in the caribbean sitting on a beach with no employees to worry about. what makes this e-mail so provocative is its author, david siegel. he's the man best known for building the largest home in america. he and his wife jackie built a 90,000-square palace just outside of orlando. he said it's about his workers. they would be the big losers if obama gets another four years. he told me he wasn't threatening his workers or even telling them how to vote, just to educate them before they pull that lever in 27 days. bill. >> robert, thank you. >> don't move, robert. we're going to bring in the ceo who actually wrote the letter. westgate resorts david siegel joins us now on the phone. also joining us is carly fior a fiorina, who sat at the top of hewlett-packard. we're going to get her reaction in a minute. first to you, mr. siegel. what has been the reaction inside your company from your em
. >> reporter: or ryan's attempt to compare the mitt romney tax plan to jack kennedy's. >> jack kennedy lowered tax rates. >> oh, now you're jack kennedy? >> reporter: ryan was able to fire back with a few zingers of his own. >> mr. vice president, i know you're under a lot of duress to make up for lost ground. i think the vice president very well knows that sometimes the words don't come out of your mouth the right way. >> reporter: republicans in the post debate spin room tried to make the case biden failed not only on style. >> quite frankly i was embarrassed for the vice president. i mean, the laughs. we counted 82 times that joe biden interrupted paul ryan. >> reporter: but also on substance pointing to the vice president's response on whether there was adequate security before the attack on the u.s. consulate in libya. >> and they wanted more security there. >> well, we weren't told they wanted more security. we did not know they wanted more security. >> we just had a major hearing on this. that was one of the heart -- the heart of the point was these requests went unheated. and obviously
has questions on the president from taxes to debt and spending. >> he wants another stimulus? how did the first one work out? he wants to hire more government workers? he wants to pick with winners and losers solyndra, losers in his case. we know where that leads. we have seen the last four years. we don't want four more years like the last four years. >> reporter: the debate at the university on long island is going to include foreign policy. to that end the governor is rolling out the foreign policy ball. he has a big speech on foreign policy at virginia military institute in lexington. >> gregg: tell us how big the first debate is playing out in the campaign ads. >> reporter: both sides are trying to portray the other as the bigger fiber. he has new ad from both campaigns and both are saying the other is untruthful from taxes to anything under the sun. take a look. >> i don't have five trillion dollar tax cut. if you just implemented it would cut five trillion dollars. >> i will not produce the taxes paid by high income americans. >> is that actually true? >> the latest, not tellin
economic theory of tax cuts for the rich, despite the fact he deny attend tax cuts, and the math. and let's go to war with sesame street but give wall street a big, wet, kiss, that is call what got us into this mess, we spent four years digging out of it. >>> meanwhile, gingrich saying the numbers were good for the president, but the overall picture is still gloomy. >> i think it was a significant help to the president. imagine coming out at 8.2 following the debate, i mean people would have entered the week saying it is close to the end. so it is part of the whole process, the campaign will go down to the end. it will be one of the most interesting campaigns in american history, i think you will see it go back and forth somewhat. on friday, the imf said probably no recovery until 2018. >> more reaction from them on the president's debate in just a moment. but first, here is the gallop daily tracking poll, mitt romney closing the gap on president obama, who still leads by three points, 49-46, and taking to the tv air waves, the romney camp claiming the president's plan will increase taxes
in the inner city and paul ryan said bringing opportunity. >>> and you can do that with cutting taxes with a big tax cut. >> paul ryan said those are your word and not mine thampts kind of strange are you trying to stuff words in people's mouths. this was a local affiliate out of flint, michigan. an important state. >> brian: especially the polls are closing to within three. and it is interesting that paul ryan is out giving interviews and vice-president biden is in a six day -- c>> steve: no kidding. good for paul ryan stick to the press. the guy had something in mind. and it is the thing that newt gingrich did and was effective. maybe joe biden should be looking for that paul ryan. >> gretchen: the mitt romney declaring war on the president obama. >> how does romney's plan stack up. veteran of the wars. coming up next. >> brian: you never saw a full fight quite like this one. >> steve: oh, my goodness. you are right. and then you never saw a bull fight like that one. we'll watch it over and over again. weight watchers online was so easy you look up a food, you eat the food, you trac
jabs on taxes, foreign policy and the economy in an often testy encounter. >> lower tax increase growth. >> now you're jack kennedy. >> i think the vice president very well knows that sometimes the words don't come out of your mouth the right way. [ laughter ] >> containing the outbreak. health officials try to locate patients exposed to a deadly form of meningitis. and the firm that supplied the contaminated shots linked to the infection may have been operating illegally. >>> mayor misconduct. an elderly mayor admits to stealing hundreds of thousands of dollars from her city but she's not going jail. this is the "cbs morning news" for friday, october 12, 2012. good morning. good to be with you. i'm terrell brown. compared to last week's presidential debate last night's face off between vice president joe biden and congressman paul ryan was like a shoot out at the ok corral. from the get go it was a pull no punches performance by both candidates. they squared off on everything from the economy to foreign affairs. randall pinkston is at the debate site in danville, kentucky. good morning
, martinez, santa clara, santa rosa and sunnyville. they will look for issues such as falling tax revenue. it would increase borrowing cost and could interfere with infrastructure projects. >> san francisco's first target is opened for business. this morning several hundred shoppers showed up for the soft opening. it is 25% smaller than normal target stores. >> we found the guest in our urban stores don't purchase as much. >> the store focuses on fresh foods and active wear. an official grand opening is planned for sunday. >>> members of occupy oakland are preparing for a party, why people across the street are preparing for something else. >> a powerful storm in the mountains. severe thunderstorm was in effect. that is a big one. lightning and large hail in the area. where the system is going and if it is headed in your area. 0!ockÑ?çóxo?Ñ=çñÑñçvxqx?ñññ?óioy >>> protegessers gather -- protesters gather, marking one year since the occupy movement began. ktvu's paul chambers tells us why it is making some folks nervous. >> reporter: there are a dozen protesters at city hall ri
weight. campbell's. it's amazing what soup can do. campbell's. i"i'm not in favor of a a$5 trillion tax cut. that's not my plan." mitchell: "the nonpartisan tax policy center concluded that mitt romney's tax plan would cost $4.8 trillion over 10 years." vo: why won't romney level with us about his tax plan, which gives the wealthy huge new tax breaks? because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? and i was told to call my next of kin. at 33 years old, i was having a heart attack. now i'm a bayer aspirin regimen. [ male announcer ] be sure toalk to your doctor before you begin an aspirin regimen. i didn't know this could happen so young. take control, talk to your doctor. i didn't know this could happen so young. ffor help finding a plan that's right for you, give unitedhealthcare a call today. >>> a man who is investigating violence against the u.s. embassy in yemen is now shot dead in a street today. it happened in yellen's capital. the man was a yemeni
of massachusetts. while he lowered the tax burden on the people from one of the highest to one of the law were in the united states. that is a major sense of achievement and i admire that and i'm just delighted to be on the ticket with him. governor dukakis and i agree that we ought to have a trade policy for this country. but we've seen this administration more than double the national debt, that they've moved this country from the number one lender nation in the world to the number one destination in the world under their administration. they have not had a faith policy committee of let trade be a handmaiden for the policy objectives of the country. that this country has exported to many jobs and not enough profits. and as i work to pass a trade bill through the united states senate, through roadblocks every step of the way but we passed a trade bill that any country that has full access to the markets we are entitled to full access to their markets. now that means that we are going to stand tough for america and we are going to protect those jobs coming and we aren't a push american product
she. >> you don't want your taxes to go to something that you don't agree with. is that your -- >> bill: i want my taxes to go to people who need help. now, bill moyers needs help, i understand that. but not economically. >> bill: now in speaking about portion the liberal take is usually he has to spend all the money because if he didn't, america would be in a depression, caused by the republican president president george w. bush. the other side says nonsense, the president is using the treasury to impose so-called social justice. when it comes to actual numbers, things can get complicated. >> the president, his first year, there was a definite sit of 1.2 trillion. he held it steady. >> bill: all together, how much debt has president obama run up? >> $6 trillion. >> bill: very good, $6 trillion. >> i learned that on sesame street. >> bill: the job of the president now is get the debt under control and you got to cut stuff! >> exactly. so right now -- [ applause ] the debt is steady. right now what we've done is balance it. >> bill: no, we haven't balanced the debt! are you k
and the two battled it out over raising taxes. >> you can cut tax rates by 20% and still preserve these important pico rivera rents for middle class taxpayers. >> not mathematically possible. >> it is mathematically possible. it has been done before. >> it has never been done before. >> it has been done a couple of times. >> it has never been done before. >> there were plenty of interruptions. one count has the vice president interrupting congressman ryan 82 times. >>> in our other top stories, a 4-year-old montgomery county boy is lucky to be alive after falling nearly 90 feet from an apartment window t happened at the park montgomery complex last night. the window screen came loose causing him to fall. police are investigating whether he was being watched or left home alone at the time. police say the boy was alert and talking in the ambulance. >>> police in prince george's county are asking for your help in finding a man who robbed several university of maryland students. the man seen in this picture here robbed two students tuesday night and attempted to rob a third. all of th
week with payroll tax. for a baby boomer that's about $60,000 before they retire. for millenniums, it's going to be even worse. these are real costs at the kitchen table. and obviously as newt gri noted, romney's plan is daz 5 trillion tax plan. it is heavily weighted towards the top. i think voters are smarter than mitt romney thinks and i think they're going to want to know the real facts. >> let's talk about virginia specifically here. this is a state where, where the race is extremely tight right now. the latest nbc news/"wall street journal," marist college poll showing 48% of likely voters supporting the president, 46% supporting governor romney. that's a virtual tie there. you can also see that governor romney gained two points from september. the president lost one. you are an expert of sorts on virginia politics. what does the president have to do to regain momentum in the commonwealth? >> well, i think he's got to keep focusing on what this means at the kitchen table in virginia. his plan is good for the middle class, romney raises taxes on the middle class. for current seni
in benghazi to taxes here at home. but there is one item they agreed upon, getting the unemployment rate down below specifically 6%. how exactly do they plan to do that? here is what they said last night. >> get america energy independent in north america by the end of the decade. help people who are hurting with the skills they need to get the jobs they want. get this deficit and debt under control to prevent a debt crisis. make more things in america and sell them overseas and champion small businesses. don't raise taxes on small businesses, they're our job creators. >> they get out of the way. if they get out of the way and let us pass the tax cut for the middle class and make it permanent. they get out of the way and let us allow 14 million people who are struggling to stay in their homes because their mortgages are upside down but they never missed a mortgage payment. >> ali velshi is our chief business correspondent. ali velshi, welcome back. unemployment below 6%, to quote you, in your op-ed on cnn money, no more bs, please. care to extrapolate? >> right, so let's put the unemployment
stated the things he should have said i'm going to have that $5 trillion tax cut. i understand that obama had a bad debate, didn't do what he was supposed to do but mr. romney lied. >> bill: you are absolutely right. again, i compared romney's debate performance to the ryan speech in tampa. it was a good performance but it was packed with lies. i think the entire media was focusing on stage craft and performance or entertainment or acting ability and not on the substance of what they said. on the substance of what he said mitt romney simply did not tell the truth about the $5 million, about health care, about a whole lot of stuff. kevin in chicago, kevin getting rid of big bird good idea? >> caller: yeah, my granddaughter is four years old, so i'm ul up to speed on big bird. and it brings back memories of when my kids were young. >> bill: same here. >> caller: it is just an example of the crap that comes out of his mouth. they don't realize the value of putting something on tv for the kids to watch -- >> bill: and learn, yeah. >> caller: and the whole indu
to an independent, non-partisan study, barack obama and the liberals will raise taxes on the middle class by $4,000. the same organization says the plan from mitt romney and common sense conservatives is "not a tax hike on the middle class." want proof? read the non-partisan study for yourself at american.com. obama and his liberal allies? we can't afford four more years. i'm mitt romney and i approve this message. . >>> california's made the record books for the highest gas. the average price is $4.66, an all-time high. and calling malicious trading schemes. the washington area could be headed towards the $4 mark n. d.c., $3.89; maryland, $3.70 and what is causing the rise in prices, adam housley has a look. >> reporter: this 76 station in the western part of los angeles, the regular price, $4.99 a gallon, premium, $5.19 down the street at a different gas station, you will find the regular gas price at $5.39 and, as you might imagine, consumers are not so happy with prices this high. >> so they're jumping on us quickly and takes forever to t them back down. that is ridiculous. >> $10 in gas is
to increase taxes and fees. how will you approach these difficult choices? supervisor chu: we know that our budget deficit is a significant one. at the moment, blooms are around $380 million -- at the moment, it looms around $380 million. we could not meet that gap. i think the city needs to take a balanced approach, and if you take a look at previous years, we have taken a look at things like where are fee revenues, what do those look like? where are the changes in other revenue pictures, whether it is transfer tax or hotel tax or other things that help to improve the picture. in addition to that, how is it that we can really control some of our expenses? i think that in order to address the $380 million budget deficit, we really have to take a look at both sides, revenue side as well as the cost side of things, and i think there are certain things that the city can do right now that might that not impact this year's budget or -- that might not impact this year's budget for next year's budget but will have a long-term effect. i mean pension reform and some of the ways we calculate those li
on the campaign trail. when it comes to mitt romney's tax plan, president obama insists it's going to grow the budget. romney says it's not true. >> if he says it's not true, then it's not true. okay. >> reporter: in battleground ohio, president obama insists mitt romney's tax cuts will add $5 trillion to the deficit. >> if it's true it's not going to add to the deficit, that leaves only one option, and that's asking middle class families to foot the bill. >> the president's charge of a $5 trillion tax cut is obviously inaccurate and wrong. >> reporter: romney also in ohio mocked the obama campaign's latest ad mocking his plan to cut funding for pbs. >> big bird. big bird. big bird. he's focused on saving big bird is kind of a strange thing in my view because, you see, i'm focused on helping the american people get good jobs. >> reporter: sesame street's now asked the obama campaign to pull the big bird ad, yet there are weightier questions here as congress looks into whether the u.s. was warned of the deadly libya attack. >> twice in the six-month lead-up you had bombings at our compound
crowd and hammered the president on china, job creation, and taxes. >> and then, of course, he says he is going to raise taxes, does any one really think raising taxes on anyone helps get more people to work? the president's plan is status quo. more of the same. he calls it forward. i call it forewarned. >> paul ryan was also in ohio today. ryan told voters, in that manufacturing state that the president's china policies have cost the country manufacturing jobs. >>> now, to our continuing coverage of the giants playoff run. the team back in the bay area. back on the field at at & t park this afternoon preparing for the national league championship series. against the saint loop is cardinals. madison baumgartner will take the hill. coming up in a couple minutes. comcast sports net's amy gutierrez will join us from the park with more on how the team is gearing up. >> stanford football was in the national spot laegt today taking on notre dame. rest raunlts in downtown palo alto were packed as fans gathered to cheer on the cardinals. in the end the fighting irish came out on top, 20-13 in
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